Common use of Evidence of Sufficiency of Funds Clause in Contracts

Evidence of Sufficiency of Funds. Evidence satisfactory to Lender that the proceeds of the Loan plus the Required Equity Funds will be sufficient to cover all Project-Related Costs reasonably anticipated to be incurred and to satisfy the Obligations of Borrower to Lender and under this Agreement and the other Loan Documents.

Appears in 9 contracts

Samples: Project Loan Agreement, Building Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)

AutoNDA by SimpleDocs

Evidence of Sufficiency of Funds. Evidence satisfactory to Lender that the proceeds of the Loan plus the Required Equity Funds will be sufficient to cover all Project-Related Costs reasonably anticipated to be incurred and to satisfy the Obligations of Borrower to Lender and under this Agreement and the other Loan Documents.;

Appears in 8 contracts

Samples: Project Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)

Evidence of Sufficiency of Funds. Evidence reasonably satisfactory to Lender that the proceeds of the Loan plus the Loan, together with Required Equity Funds Funds, will be sufficient to cover all Project-Related Property Costs reasonably anticipated to be incurred incurred, and to satisfy the Obligations obligations of Borrower to Lender and under this Agreement and the other Loan DocumentsAgreement.

Appears in 1 contract

Samples: Building Loan Agreement (Alterra Healthcare Corp)

Evidence of Sufficiency of Funds. Evidence satisfactory to Lender Bank that the proceeds of the Loan plus the Loan, together with Required Equity Funds Funds, will be sufficient to cover all Project-Related Project Costs reasonably anticipated to be incurred incurred, and to satisfy the Obligations obligations of Borrower Company to Lender and Bank under this Agreement and the other Loan DocumentsAgreement.

Appears in 1 contract

Samples: Building Loan Agreement (Angiodynamics Inc)

AutoNDA by SimpleDocs

Evidence of Sufficiency of Funds. Evidence Lender shall have received evidence satisfactory to Lender that the proceeds of the Loan plus the Required Equity Funds will be sufficient to cover all Project-Related Total Project‑Related Costs reasonably anticipated to be incurred and incurred, to satisfy the Obligations obligations of Borrower to Lender and under this Agreement and the other Loan DocumentsAgreement.

Appears in 1 contract

Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!